#TrumpVsPowell
Senator Elizabeth Warren expressed concern that a potential attempt by President Trump to remove Federal Reserve Chairman Jerome Powell from office could provoke serious upheaval in the financial markets.
In a comment to CNBC, Warren stated that under the law, the president does not have the authority to dismiss Powell. At the same time, she expressed doubt about Trump's willingness to adhere to established legal norms.
The senator also emphasized that such interference could cause panic among investors and harm the American economy. She stressed that the stability of the financial system is ensured by its independence from political influence.